Straits Times Index
3,292.69 +10.64 (+0.32%) Nikkei
38,405.66 +470.90 (+1.24%) Hang Seng
17,763.03 +16.12 (+0.09%) FTSE 100
8,144.13 -2.90 (-0.04%) Bitcoin USD
60,521.50 -3,339.97 (-5.23%) CMC Crypto 200
1,298.50 -40.56 (-3.03%)
PINS Jun 2025 37.000 put
| Previous close | 8.04 |
| Open | 8.04 |
| Bid | 5.85 |
| Ask | 8.85 |
| Strike | 37.00 |
| Expiry date | 2025-06-20 |
| Day's range | 8.04 - 8.04 |
| Contract range | N/A |
| Volume | |
| Open interest | 27 |
- Yahoo Finance Video
Pinterest stock jumps on Q1 earnings beat
Pinterest (PINS) reported first quarter results that topped Street estimates on both the top and bottom lines. The company reported adjusted earnings of $0.20 per share versus a $0.14 estimate. Revenue of $740.0 million was better than the $700.3 million estimate. Pinterest reported having 518 million monthly active users compared to an estimated 503.75 million. Average revenue per user of $1.46 topped estimates of $1.39. Yahoo Finance's Julie Hyman and Josh Lipton break down the social media company's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
Barrons.comPinterest Stock Soars After Earnings Crushed Estimates. User and Ad Revenue Growth Came in Strong.
CEO Bill Ready said part of the company’s success is due to its decision to be “an oasis from the rest of social media.”
- Reuters
UPDATE 1-Pinterest forecasts quarterly revenue above estimates, shares surge
Pinterest forecast second-quarter revenue above Wall Street estimates on Tuesday, expecting a boost from growing advertising spend on the image-sharing platform, sending shares up more than 20% in after-market trading. The company has benefited from marketers turning to the digital platform to reach Gen Z users - more than 40% of its user base - and leverage its new AI-driven ad tools and latest ad formats, which offer better user engagement. Last month, ad group Interpublic Group's media research unit MAGNA Global said it expects the U.S. ad Market to grow by more than 9% this year to reach $369 billion.
